1243 Grass Valley, Lake Arrowhead, California 92352, Lake Arrowhead, 92352 - 4 bed, 4 bath
1243 Grass Valley
Lake Arrowhead, California 92352
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1243 Grass Valley Subject | $765,000* List Price | 4 | 4 | 2,134 | $346 | - |
A 27382 Peninsula Sold | $685,000 | 4 | 3 | 2,056 | $333 | 0.8 mi |
B 27757 North Bay Road Sold | $663,000 | 4 | 3 | 2,200 | $301 | 0.9 mi |
C 1207 Grass Valley Road Sold | $628,000 | 3 | 3 | 2,200 | $285 | 0.1 mi |
D 26575 Kings Court Sold | $845,000 | 3 | 3 | 1,877 | $450 | 0.8 mi |
E 1119 Brentwood Drive Sold | $832,000 | 4 | 4 | 2,323 | $358 | 0.2 mi |
F 915 Breithorn Drive Sold | $702,206 | 4 | 3 | 1,826 | $385 | 0.5 mi |
G 1207 Aleutian Active | $595,000 List Price | 5 | 3 | 2,000 | $298 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, featuring a modern kitchen with Calacatta Lux countertops and stainless steel appliances. The interior showcases high-quality finishes like wood-beam ceilings and updated flooring, making it a fully furnished, turn-key home with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Lake Rights & Prime Location
Situated in the prestigious Arrowhead Woods with coveted lake rights, the property offers a premier location between the main lake and the Country Club.
- Turn-Key Investment Potential
The home is sold fully furnished with transferable Short-Term Rental (STR) permits and active management in place, offering immediate income potential.
- Versatile Living Layout
The tri-level floor plan features a separate lower-level family suite with its own entrance and laundry, ideal for guest quarters or an in-law suite.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2134, other record living area = 1624.
- Aging Infrastructure
Originally built in 1971, the property may require more frequent maintenance or updates to mechanical systems compared to newer constructions.
- Multi-Level Accessibility
The tri-level design and stairs may be a drawback for buyers with mobility concerns or those seeking a more accessible single-story lifestyle.
About 1243 Grass Valley
Fully Furnished, Turn-Key Lake Arrowhead Airbnb with Lake Rights! Welcome to a rare mountain entertainer’s retreat where luxury and nature come together in the highly desirable Lake Arrowhead Woods community of Grass Valley. Perfectly situated between the main lake and the Country Club, this exceptional tri-level home offers coveted lake rights and a true resort-style experience.Featuring 4 bedrooms, 4 bathrooms, a spacious game room, and an upstairs loft/poker room, this home is designed for both relaxation and entertaining. Step inside to a warm, inviting interior highlighted by soaring wood-beam ceilings, rich cedar paneling, rustic mountain-style flooring, and a dramatic wood-burning fireplace that rises along a stunning stone wall, creating an atmosphere of charm and comfort. The entertainer’s kitchen is a showstopper, complete with sleek Calacatta Lux countertops, stainless steel appliances, and generous cabinet space—ideal for hosting gatherings or enjoying casual meals with family and friends. The primary suite is conveniently located on the main level, offering a private retreat, while the lower-level family suite features a separate entrance, private bathrooms, and a laundry room, making it perfect for an in-law suite or guest quarters. Outdoor living shines with a large wrap-around deck showcasing panoramic mountain views and golf course vistas. The fenced backyard, surrounded by fruit trees, provides a peaceful setting for outdoor dining, grilling, and relaxing under the stars. Dual access with two private driveways offers ample parking, plus space for a boat or jet skis.Located just minutes from Tavern Bay Beach Club, the lake, shopping, golf, tennis, pickleball, hiking trails, dining, and more, this home places you at the center of everything Lake Arrowhead has to offer. Whether used as a full-time residence, vacation home, or income-producing property, this retreat is ideal for hosting events, holidays, remote work, and weekend escapes. With transferable STR permits and current management in place, this Airbnb-ready property offers immediate income potential. Don’t miss this opportunity to own a premier mountain getaway—schedule your private showing today and experience Lake Arrowhead living at its finest.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 8,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Arrowhead Unified Schools
Lake Arrowhead Elementary School
Grades PK-5 • 2.0 mi
Valley Of Enchantment Elementary School
Grades K-5 • 5.6 mi
Charles Hoffman Elementary School
Grades K-5 • 8.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 2,134 | 1,979.5 | 59% |
| Lot Size | 8,000 | 9,752 | 26% |
| Price | $765.0K | $680.0K | 64% |
| Price per sq ft | $358 | $342 | 55% |
| Built year | 1971 | 1977 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 236 | 0% |
Pricing History
Listed for Sale
Feb 11, 2026
$765,000
Initial Listing
Sold
Oct 28, 2022
$510,000
Public Record
Sold
Apr 5, 2021
$484,000
Public Record